Chris says the good news is that homes are still affordable, and a recent Better Homes and Gardens Real Estate survey of millennials found they still believe in homeownership, but many lack funds to make a down payment.

Asked if homebuyers are oblivious to the fact that this week’s announcement by the Federal Reserve that it plans to start tapering its purchases of Treasurys and mortgage-backed securities in January means interest rates are probably headed up, Chris said that homebuyers are more likely to be spurred into action in the spring, the traditional buying season. Source: foxbusiness.com